Kotak Mahindra Bank

Kotak Mahindra Bank
Company type	Public
Traded as	BSE: 500247; NSE: KOTAKBANK; BSE SENSEX Constituent; NSE NIFTY 50 Constituent;
ISIN	INE237A01028
Industry	Financial services
Founded	1985
Founders	Uday Kotak
Headquarters	Mumbai, Maharashtra, India
Key people	Uday Kotak; (non-executive director); Dipak Gupta ; (MD & CEO); (Interim);
Products	Consumer banking; Commercial banking; Insurance; Credit cards; Investment banking; Mortgage loans; Private banking; Private equity; Investment management; Asset management; Mutual funds; Exchange-traded funds; Index funds; Wealth management; Stockbroking; Risk management;
Revenue	₹67,981 crore (US$8.5 billion) (2023)
Operating income	₹20,085 crore (US$2.5 billion) (2023)
Net income	₹14,925 crore (US$1.9 billion) (2023)
AUM	₹420,880 crore (US$53 billion) (2023)
Total assets	₹620,429 crore (US$78 billion) (2023)
Total equity	₹112,314 crore (US$14 billion) (2023)
Number of employees	100,000+ (March 2023)
Subsidiaries	Kotak Mahindra General Insurance; Kotak Life Insurance; Kotak Mahindra AMC; Kotak Securities; Kotak Mahindra Prime;
Website	www.kotak.com

Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. It is India's third largest private sector bank by market capitalisation after HDFC Bank and ICICI Bank. As of December 31, 2023, Kotak Mahindra Bank Ltd has 1,869 branches, 3,239 ATMs, and branches in GIFT City and DIFC (Dubai)

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